Refrigerated Trailer Market Overview:

The global market for refrigerated trailer generated $5,588 million in 2015, and is estimated to grow at a CAGR of 4.8% to reach $7,658 million by 2022. The market is expected to register a twofold increase by 2022 in developing countries, owing to increase in demand for packaged food along with government initiatives to control food wastage, enhanced efficiency of refrigerated trailers, and higher reliability requirements of food consumers.

A refrigerated trailer is a part of van or truck designed to carry fresh consignment at specific temperatures. The global market is projected to witness significant growth during the forecast period, owing to wide use of refrigerated trailer in cold chain space, high demand for package food, and rise in third-party logistics business globally.

Segment Overview

The global refrigerated trailer market is segmented on the basis of type, end user, and geography.

Chilled food is major product type of refrigerated trailer, which accounts for nearly 62% of the global refrigerated trailer market, followed by frozen food.

The market by end user is further bifurcated into dairy, fruits & vegetables, meat & seafood, and others (medical products, confectionary, and bakery). Currently, meat & seafood segment is the highest revenue-generating end user for this market, owing to increasing adoption in cold chain space and frozen food products.

Global Refrigerated Trailer Market, By End User

Top Impacting Factors

Expansion of Cold Chain Capacity Globally

Increasing application of refrigerated trailer in cold chain space, which is growing at a rapid pace is driving the market growth. In addition, high food wastage has increased the government’s attention on the use of cold chain capacity. Therefore, expansion of cold chain capacity and government support are expected to boost the market growth in the coming years.

Increase in Demand for Package Meat & Seafood Globally

Rising demand for packaged food also affecting the adoption of refrigerated trailer. Increasing disposable income and transformed lifestyle have changed the food eating patterns worldwide; thus, people prefers expediency foods, which requires efficient logistics services. In the future, the demand for packaged food is expected to drive the market.

The study provides an in-depth analysis of the global refrigerated trailer market to elucidate the prominent investment pockets.

Current trends and future estimations are outlined to determine the overall market scenario and single out profitable trends.

The report provides information about key drivers, restraints, and opportunities with a detailed impact analysis.

Analysis of value chain is conducted to understand the role of intermediaries.

Refrigerated Trailer Market Key Segmentation

By Type

Frozen Food

Chilled Food

By End User

Dairy

Fruits & Vegetables

Meat & Seafood

Others

By Geography

North America

U.S.

Canada

Mexico

Europe

UK

Russia

Germany

France

Italy

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Taiwan

Rest of Asia-Pacific

LAMEA

Latin America

Middle East

Africa

Table Of Contents

Shoping Basket

PRODUCT

QUANTITY

PRICE

* Pricing on the website is provided for single users licenses only. All reports will be provided in a PDF format for download. To purchase multi-user licenses, please contact us at +1-800-792-5285 or send an email to sales@alliedmarketresearch.com

Currently, large-scale adoption of refrigerated trailers has been witnessed by meat & seafood and fruits & vegetables segments. Meat & seafood segment has high rate of adoption due to increase in the consumption of readymade and fast food. Price is the most significant factor affecting the overall adoption of these trailers. High cost of these trailers used to transport frozen & chilled food limits its widespread adoption in different cold chain areas and package food transport. In addition, energy-efficient solutions, such as low power consumption trailers, are projected to fuel the market growth.

Refrigerated trailer market is expected to grow significantly in Asia-Pacific, owing to an increase in tourism, high food demand, increase in cold chain capacity business, and growth in frozen food sector in China and India. In addition, these countries occupied highest market share in the Asia-Pacific region, followed by Japan. Moreover, the demand for these trailers is anticipated to grow in countries, such as Australia, South Asia and Japan, which is anticipated to boost its adoption among different food end-use verticals.

License Type

Online Only

Data Pack

Single User PDF

Five User Online/PDF

Enterprise Online/PDF

LICENSE INFO

Users/Sharing

Restricted to one authorized user

Restricted to one authorized user

Restricted to one authorized user

Limited to 5 authorized users

Unlimited within company / enterprise

Printing

No Print/No Copy/No Screenshot

One Print only

One Print only

Up to Five Copies

Unlimited within company / enterprise

Delivery Formats

ADDED BENIFITS

20% Free customization (Pre-sale)

16 Analyst hour support
(Post Sale)

40 Analyst hour support
(Post Sale)

160 hours of mini-consult

Free quarterly industry update

Free report on update (within 180 days)

MULTIPLE PURCHASE

Complimentary report with 2 reports

Complimentary report with 3 reports

Subscription Model

Get More Information About this Report

Let us know more about your research need and we will customize an offer exclusively for you!